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If you’re hoping for an early retirement incentive, well, you might be hoping for a long time.

Director of State Operations Howard Glaser said this morning that after last year’s efforts, “we believe there are diminishing returns at this point to early retirement incentives.”

“There may be some savings, but it’s very negligible,” he said at a legislative budget hearing. “Many of the people who are going to take an early retirement incentive may be retiring anyway, there are some that are federally funded and the state benefit-cost savings is actually fairly small.”

According to Patricia Hite, acting commissioner of the Department of Civil Service, approximately 4,000 took the last early retirement incentive offered by Gov. David Paterson in 2010.

Cuomo is seeking $450 million in savings from the state workforce, and as a “last resort” might lay off 9,800 workers.

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